Smarter Web Company PLC
LSE: SWC · GB · 1 preferred series · Investor relations ↗The Smarter Web Company PLC is a UK company listed on the London Stock Exchange that holds bitcoin as a treasury asset. In October 2026 it admitted a sterling preferred share, MORE, paying a variable dividend weekly.
Bitcoin value$212mat $77,009, 30 Oct
Preferred outstanding—awaiting a reviewed snapshot
Annual pref. dividends—at current rates
Bitcoin and cash ÷ obligations—debt + preferred at notional
Capital stack
notional, senior first| 1 | MORE | — | |
| 2 | SWC common | residual |
Ranking per each series' filing; notionals as of —, debt as of —. Detail and history
Coverage bridge
GBP · BTC at 30 OctThe bridge appears once a reviewed capital snapshot with debt and preferred notionals is recorded, converted from GBP.
Preferred series
| Ticker | Series | Structure | Rate | Close | vs par | Eff. yield | Notional | Listed |
|---|---|---|---|---|---|---|---|---|
| MORE | Preferred Shares of The Smarter Web Company PLC (ticker MORE) | Variable, cumulative (GBP) | 12.00% | £80.00 | −20.00% | 15.00% | — | 14 Oct 26 |
Filings
Exchange announcements| 2 Nov 2026 | RNS | Bitcoin Custody Arrangements | RNS ↗ |
| 28 Oct 2026 | RNS | Board Update | RNS ↗ |
| 27 Oct 2026 | RNS | MORE Weekly Dividend: Preferred Dividend Rate 12% | RNS ↗ |
| 23 Oct 2026 | RNS | Bitcoin Purchase | RNS ↗ |
| 22 Oct 2026 | RNS | Ordinary and Preferred Shares ATM Update | RNS ↗ |
| 22 Oct 2026 | Announcement | MORE dividend declaration | RNS ↗ |
| 20 Oct 2026 | RNS | MORE Weekly Dividend: Preferred Dividend Rate 12% | RNS ↗ |
| 15 Oct 2026 | RNS | Bitcoin Purchase | RNS ↗ |
| 14 Oct 2026 | RNS | First day of dealings in Preferred Shares | RNS ↗ |
| 12 Oct 2026 | RNS | Results of Offer and Preferred Dividend timetable | RNS ↗ |
| 12 Oct 2026 | RNS | Subscription Agreement, Warrant Exercises & TVR | RNS ↗ |
| 5 Oct 2026 | RNS | Subscription Agreement Update - £2.2m Proceeds | RNS ↗ |
| 1 Oct 2026 | RNS | Quarterly Investor Update | RNS ↗ |
| 29 Sep 2026 | RNS | Publication of Prospectus and Intention to Float | RNS ↗ |
| 29 Sep 2026 | RNS | Launch of Retail Offer of "MORE" Preferred Shares | RNS ↗ |